Noranda Income Fund Annual General Meeting Voting Results

SALABERRY-DE-VALLEYFIELD, QUEBEC--(Marketwired - May 16, 2014) - Noranda Income Fund (the "Fund") (TSX:NIF.UN) announced today that the voting results from its Annual General Meeting (the "AGM") of unitholders held in Toronto yesterday.

At the AGM, there were 51 holders of Priority Units and Special Fund Units ("Units") of the Fund represented in person or by proxy, holding 26,872,182 Units and representing 53.75% of the Fund's 49,997,975 issued and outstanding Units. The outcome was as follows:

Class Nominee Votes For % Proxy Votes Withheld % Proxy
Priority and Special Units Chris Eskdale 23,333,148 86.83 % 3,539,034 13.17 %
Yvan Jost 23,336,148 86.84 % 3,536,034 13.16 %
Jean Pierre Ouellet 26,487,844 98.57 % 384,338 1.43 %
François R. Roy 26,488,469 98.57 % 383,713 1.43 %
John J.Swidler 26,513,443 98.67 % 358,739 1.33 %
Barry Tissenbaum 26,514,241 98.67 % 357,941 1.33 %
Dirk Vollrath 23,340,200 86.86 % 3,531,982 13.14 %

Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol "NIF.UN". Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the "Processing Facility") located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America, where the majority of zinc customers are located. It produces refined zinc metal and various by-products from sourced zinc concentrates. The Processing Facility is operated and managed by Canadian Electrolytic Zinc Limited, a wholly-owned subsidiary of Glencore Canada Corporation.

Further information about Noranda Income Fund can be found at www.norandaincomefund.com.

Michael BooneVice President and Chief Financial Officer,Canadian Electrolytic Zinc LimitedNoranda Income Fund's Manager416-775-1561info@norandaincomefund.com

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